Get Your Free, No-Pressure
Serious about selling your MHP? Or simply curious about how it matches up in today’s market?
Learn How To Value Your Mobile Home Park With The MHP Expert
When you want to better understand the market and the critical factors that affect property value, you need a thorough and insightful valuation. Since 2016, Glenn Esterson has generated thousands of free valuations and sold more MHP deals than most brokers, selling more than $350,000,000 worth of MH & RV parks for our owners.
While some brokers may use high-pressure or underhanded tactics, we focus on conducting insightful market research and building strong, lasting relationships. Our valuations come without pressure or strings attached.
We also understand the important role that affordable housing plays in today’s society. In fact, Glenn Esterson owned, managed, occasionally lived in, and repaired every facet of a MHP from 2004 – 2015. No other broker is as qualified to understand, analyze, and accurately assign value to your unique mobile home community.
How A Mobile Home Park Valuation Works
Accurate information is a potential sellers’ most prized possession. When you engage Glenn Esterson for a free MHP valuation, you get clear, insightful data that tells you exactly where your challenges and opportunities lie.
Here’s a quick breakdown of how we conduct each valuation:
We Start With A Conversation
Each valuation starts with a casual but frank discussion about where things stand today. We’ll cover everything from pricing expectations to operating procedures and recent improvements. Remember: There are no wrong answers.
We Crunch Your Numbers
Next, Glenn analyzes your books, recorded income and expenses, rents roll, and more in order to perform the valuation. The more information you can provide, the more thorough and accurate your valuation will be.
We Evaluate From A Buyer’s Perspective
Glenn gets feedback from real buyers in your market, contact local contractors to estimate management and operating costs, review property photos, and more as we look for data that will support or challenge your pricing.
We Look Toward The Future
Finally, Glenn looks at the pro forma and concentrates on what a new owner could do to maximize value. This includes running forecasts on future occupancy and income numbers and looking for undiscovered opportunities to add value.
Our Clients Trust Us When They Need A Comprehensive, Accurate
Mobile Home Park Valuation
“Jones Estates has acquired 13 communities and have only ever sold two. Glenn marketed the properties very well, generated significant interest, and then was able to help us select the right buyer, who not only paid a good price but also was credible to close the transaction. Glenn made the transaction simple for us and worked hard along the way to represent our interests. In aggregate, the deals closed for just over $5.5M, and both closed along the pre-agreed timeline.”
JG, Jones Estates LLC
“We tried to sell our large 5 park portfolio on our own first, then tried local brokers, then TenX, all unsuccessfully. Soon after we were approached by Glenn Esterson. Glenn quickly assessed our parks, provided a comprehensive BOV and explained that his network had the right buyers for our portfolio. We were quickly under contract and Glenn was instrumental in negotiations between both parties throughout the process. I recommend Glenn to anyone that is interested in or thinking about selling their park or portfolio. Glenn works quickly and his no nonsense way of doing business makes you feel that you are dealing with someone that truly understands the market and at what price these properties will sell.”
JJ, Portfolio Owner
Backed By A Proven Track Record of Success
36 MHP Sales
In 2018, Glenn Esterson brokered 36 Mobile Home Parks, more than any other MHP broker in the south! That’s 19 transactions, more than 2000 total lots, and a closing about every other week.
72% Out of State
Through strategic marketing and vetting of qualified, out-of-state 1031 exchange buyers, 72% of 2018 transactions have been with out-of-state buyers, and 64% of those buyers were 1031 exchanges.
Nearly 10,000 Park Buyers
We’ve generated thousands of free mobile home valuations and helped hundreds of owners get maximum value out of their park through our network of nearly 10,000 park buyers.
Contact Glenn Esterson To Get Started On Your Free, No-Pressure Mobile Home Park Valuation
Our team looks forward to helping you better understand your MHP’s value in today’s market.
Not sure if a full valuation is the right move for you at this time? Our free consulting services also cover rent comps and competitive audits – just select your preference in the dropdown.